MNDY
Published on 05/12/2025 at 07:15
Q1 FY25 Earnings
Our success by the numbers Q1-25 financial highlights
Strong revenue growth
$ millions
$282M
Revenue
38%
YoY increase in customers with $50k+ ARR* to 3,444***
90%
Gross margin**
YoY revenue growth
Net dollar retention rate* of customers with $50k+ ARR***
$110M
Adjusted free cash flow** represents 39% of revenue
$217
$236
$251
$268
$282
Q1-24 Q2-24 Q3-24 Q4-24 Q1-25
*For definitions of ARR and net dollar retention rate, see Appendix
**Non-GAAP financial measures, see Appendix
***As of the end of Q1 FY25
Note: ~100% of our revenue is generated by subscriptions
Traditional work software is broken.
Businesses are unable to fulfill their potential because their software is limiting their ability to execute
Businesses have two bad options
Rigid off-the-shelf point solutions
Usually designed for SMBs and don't enable scaling.
Complex enterprise software
Huge implementation and maintenance costs. Implementation takes a long time and is very costly. Changes are slow and dependent on tech teams.
Disclaimer
monday.com Ltd. published this content on May 12, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 12, 2025 at 11:14 UTC.